CL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0393%/8h= −43.1% APRnext payment −$0.49 per $10,000 · paid last 24h −0.052%

Price spread now: Deribit against gTrade (Gains Network)+0.470%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 1 day (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Deribit is 0.470% dearer against gTrade (Gains Network) than usual: you sell high and buy low (spread +0.470% now, against zero (this spread has no 7-day history yet)): +$47 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 4.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) WTI/USD	92.814	L 0.0000% / S +0.0036%	pay 0.0000% / 1h	7m 53s	$5K	—	150x
Short	Deribit WTIOIL_USDC-PERPETUAL	93.250	−0.0393	pay 0.0049% / 1h	7m 53s	$195K	$397K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against gTrade (Gains Network). Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee DeribitbpOrdersPrice spread, now +0.470%Rate

Funding earned: −$82.57
Price spread: +0.470% → 0.000%: $46.98
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$50.59
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: gTrade (Gains Network): no order-book sample; Deribit: live order book, 31 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Deribit live order book, 31 min ago	0.54 bp	4.0 bp −$4	7.8 bp −$78	doesn't fit	doesn't fit

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CL on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit WTIOIL_USDC-PERPETUALshort	−0.0393%	1h	93.250	+0.470%	$195K	$397K	15x
Aster CLUSD1	−0.0259%	4h	93.315	+0.540%	$24.8M	$62.7M	20x	as long as short
GRVT CL_USDT_Perp	−0.0230%	4h	93.059	+0.264%	$77K	$622K	25x	as long as short
Kraken Futures PF_WTIOILUSD	−0.0209%	1h	93.289	+0.512%	$277K	$930K	25x	as long as short
Binance CLUSDT	−0.0143%	4h	93.280	+0.502%	$247.6M	$922.5M	100x	as long as short
Gate CL_USDT	−0.0137%	8h	93.200	+0.416%	$23.2M	$50.6M	100x	as long as short
Variational Omni CL	−0.0136%	4h	93.053	+0.258%	$13.5M	$10.6M	—	as long as short
Nado WTI-PERP	−0.0110%	1h	93.268	+0.489%	$955K	$614K	10x	as long as short
Bitget CLUSDT	−0.0106%	4h	93.268	+0.489%	$42.3M	$41.5M	100x	as long as short
edgeX CLUSDC	−0.0089%	4h	93.053	+0.257%	$523K	$304K	30x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps WTIUSD	−0.0087%	1h	93.096	+0.304%	$1K	$26K	5x	as long as short
OKX CL-USDT-SWAP	−0.0075%	4h	93.280	+0.502%	$42.7M	$103.3M	50x	as long as short
QFEX CL-USD	−0.0038%	1h	93.190	+0.405%	$2.3M	$2.4M	10x	as long as short
Coinbase International WTIOIL-PERP-INTX	−0.0016%	1h	93.540	+0.782%	$405K	$810K	15x	as long as short
tradeXYZ xyz:CL	−0.0015%	1h	93.246	+0.465%	$184.5M	$196.4M	20x	as long as short
Lighter WTI	−0.0008%	1h	93.234	+0.453%	$11.2M	$9.2M	20x	as long as short
Ondo Perps WTI-USD.P	−0.0006%	1h	93.170	+0.384%	$3.6M	$5.3M	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.288	+0.511%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.298	+0.521%	$27.0M	$79.7M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.263	+0.484%	$3.0M	$2.8M	20x	as long as short
Phoenix WTIOIL	0.0000%	1h	92.950	+0.147%	$37K	$40K	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.266	+0.487%	$18K	$240K	10x	as long as short
gTrade (Gains Network) WTI/USDlong	L 0.0000% / S +0.0036%	1h	92.814	long leg	$5K	—	150x
Paradex CL-USD-PERP	+0.0009%	8h	93.209	+0.425%	$16K	$367	5x	as long as short
Extended WTI-USD	+0.0032%	1h	93.280	+0.502%	$1.7M	$15.0M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.120	+0.330%	$738K	$2.8M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.220	+0.437%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.257	+0.477%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.275	+0.497%	$2.1M	$62K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.236	+0.454%	$347K	$589K	10x	as long as short
KuCoin CLUSDTM	+0.0100%	4h	93.269	+0.490%	$7.1M	$2.4M	50x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.120	+0.330%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.247	+0.467%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0162%	4h	93.070	+0.276%	$4.0M	$983K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.13	+10.042%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0260% / S −0.0207%	1h	93.265	+0.486%	$84K	—	111x	as long as short